Nov 1, 2012 12:00am EDT
in california when they had a supply shock. but when you saw lines on the east coast, especially on the new jersey area where fuel supplies were very low and people lining up to fill up their tanks. the epa saying they will wave clean gas rles in 16 states and washington, d.c., to deal with some of the shorgewe're having right now. all right. onto the middle east now. the latest sanctions are meant to cripple iran but look at iran's stock market. it is on fire! look at that. it is up about 30in the past three months. it is all bause its citizens are basically being forced to invest in domestic companies since sanctions are prohibiting them from investing outside the company. between this the story we were telling you about, that reuters was reporting that they're smuggling in gold from turkey, iran is doing everything it can to preserve wealth in spite of sanctions. joining me now, fox news middle east expert, wall heat fair rest. welcome back to the show -- walid phares. >> thank you. >> do you think it is artificially driven by the lack of ability to invest outside that it could collapse?
Nov 1, 2012 6:00am EDT
are not an outlet. we are program at the university of california berkeley as a graduate program that does reporting, but working with different organizations. we don't have an initiative per se. there are organizations that are doing incredible work with citizens. the guardian u.k. is the best example of a large news organization that works with citizens on huge scale. one thing they did in the last couple years was to pull public records about the way their politicians were spending money. they created kind of a forum. citizens volunteered to go through millions of documents and they competed, it was amazingly successful. don't know how many people participated but it was a lot. the guardian is very innovative and probably less squeamish at trying to find ways to engage citizens. i will save for us we don't get a lot of tips, but we never -- don't know of journalists are experienced but never ignore. i don't know how crazy it seems, how nonsensical it seems, how far fetched about aliens, we follow up on every single tip and you will be surprised how many stories actually we get out of those tips,